Examlex
This police department has the Horizons Family Counseling project operating out of the police department:
Credit
The provision of resources (such as money) by one party to another party where the second party does not reimburse the first party immediately, but promises either to repay or return those resources at a later date.
Transposition Error
A common accounting mistake where numbers are mistakenly reordered, leading to inaccurate data entry.
Trial Balance
A worksheet used in accounting that compiles all ledger balances into matching total amounts in debit and credit columns.
Debit Totals
An aggregate amount of all debits recorded in an accounting period, indicating resources used or expenses.
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